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exchangeRt="29.975"/><valUSD>3787590</valUSD><pctVal>5.0779</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>TW</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Banco Bradesco SA</name><lei>549300CTUU1RFXHQJE44</lei><title>Banco Bradesco SA</title><cusip>P1808G109</cusip><identifiers><isin value="BRBBDCACNOR1"/><ticker value="BBDC3"/><other otherDesc="B00FM86" value="Sedol"/></identifiers><balance>225737</balance><units>NS</units><currencyConditional curCd="BRL" 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exchangeRt="13880"/><valUSD>850768</valUSD><pctVal>1.1406</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>ID</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ANTON OILFIELD</name><lei>30030021ZM71H1GIKX11</lei><title>Anton Oilfield Services Group/Hong Kong</title><cusip>G03999102</cusip><identifiers><isin value="KYG039991024"/><ticker value="3337"/><other otherDesc="B29JZB7" value="Sedol"/></identifiers><balance>6770000</balance><units>NS</units><currencyConditional curCd="HKD" 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exchangeRt="7.7918"/><valUSD>1583131</valUSD><pctVal>2.1225</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>HK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Chailease Holding Co Ltd</name><lei>529900L76E6T0JCM3J27</lei><title>Chailease Holding Co Ltd</title><cusip>G20288109</cusip><identifiers><isin value="KYG202881093"/><ticker value="5871"/><other otherDesc="B58J1S8" value="Sedol"/></identifiers><balance>252000</balance><units>NS</units><currencyConditional curCd="TWD" 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exchangeRt="7.7918"/><valUSD>1015619</valUSD><pctVal>1.3616</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>International Petroleum Ltd</name><lei>N/A</lei><title>International Petroleum Ltd</title><cusip>Q4964C101</cusip><identifiers><isin value="AU000000IOP5"/><ticker value="IOP"/><other otherDesc="B6346Q8" value="Sedol"/></identifiers><balance>955965</balance><units>NS</units><currencyConditional curCd="AUD" 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exchangeRt="50.635"/><valUSD>837229</valUSD><pctVal>1.1224</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>PH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Voltronic Power Technology Cor</name><lei>N/A</lei><title>Voltronic Power Technology Corp</title><cusip>Y937BE103</cusip><identifiers><isin value="TW0006409006"/><ticker value="6409"/><other otherDesc="B96HCH8" value="Sedol"/></identifiers><balance>38000</balance><units>NS</units><currencyConditional curCd="TWD" 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exchangeRt="1.2984"/><valUSD>1143588</valUSD><pctVal>1.5332</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Leejam Sports Co JSC</name><lei>N/A</lei><title>Leejam Sports Co JSC</title><cusip>N/A</cusip><identifiers><isin value="SA14K0Q0SJ16"/><ticker value="LEEJAM"/><other otherDesc="BF12ZV5" value="Sedol"/></identifiers><balance>1277</balance><units>NS</units><currencyConditional curCd="SAR" 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value="Sedol"/></identifiers><balance>30294</balance><units>NS</units><curCd>USD</curCd><valUSD>651321</valUSD><pctVal>0.8732</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Bank Tabungan Pensiunan Nasion</name><lei>N/A</lei><title>Bank Tabungan Pensiunan Nasional Syariah Tbk PT</title><cusip>Y713AP104</cusip><identifiers><isin value="ID1000142805"/><ticker value="BTPS"/><other otherDesc="BFNBJ41" value="Sedol"/></identifiers><balance>2841900</balance><units>NS</units><currencyConditional curCd="IDR" 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exchangeRt="0.75506"/><valUSD>1034042</valUSD><pctVal>1.3863</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>FU SHOU YUAN</name><lei>N/A</lei><title>Fu Shou Yuan International Group Ltd</title><cusip>G37109108</cusip><identifiers><isin value="KYG371091086"/><ticker value="1448"/><other otherDesc="BH4TZ73" value="Sedol"/></identifiers><balance>796000</balance><units>NS</units><currencyConditional curCd="HKD" 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exchangeRt="71.3706"/><valUSD>1820779</valUSD><pctVal>2.4411</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IN</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Tencent Holdings Ltd</name><lei>254900N4SLUMW4XUYY11</lei><title>Tencent Holdings Ltd</title><cusip>G87572163</cusip><identifiers><isin value="KYG875721634"/><ticker value="700"/><other otherDesc="BMMV2K8" value="Sedol"/></identifiers><balance>112900</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.7918"/><valUSD>5442291</valUSD><pctVal>7.2963</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Haier Smart Home Co Ltd</name><lei>3003002BYTNGNJTWSH07</lei><title>Haier Smart Home Co Ltd</title><cusip>Y7166P102</cusip><identifiers><isin value="CNE000000CG9"/><ticker value="600690"/><other otherDesc="BP3R3G9" value="Sedol"/></identifiers><balance>440092</balance><units>NS</units><currencyConditional curCd="CNY" exchangeRt="6.9607"/><valUSD>1232892</valUSD><pctVal>1.6529</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CN</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Zhengzhou Yutong Bus Co Ltd</name><lei>N/A</lei><title>Zhengzhou Yutong Bus Co Ltd</title><cusip>Y98913109</cusip><identifiers><isin value="CNE000000PY4"/><ticker value="600066"/><other otherDesc="BP3R5T6" value="Sedol"/></identifiers><balance>419245</balance><units>NS</units><currencyConditional curCd="CNY" exchangeRt="6.9607"/><valUSD>858282</valUSD><pctVal>1.1507</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CN</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CWTC Co.,Ltd.</name><lei>N/A</lei><title>China World Trade Center Co Ltd</title><cusip>Y1516H100</cusip><identifiers><isin value="CNE000000YH1"/><ticker value="600007"/><other otherDesc="BP3R950" value="Sedol"/></identifiers><balance>326590</balance><units>NS</units><currencyConditional curCd="CNY" 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exchangeRt="4.022"/><valUSD>818107</valUSD><pctVal>1.0968</pctVal><payoffProfile>Long</payoffProfile><assetCat>EP</assetCat><issuerCat>CORP</issuerCat><invCountry>BR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Alibaba Group Holding Ltd</name><lei>5493001NTNQJDH60PM02</lei><title>Alibaba Group Holding Ltd (ADR)</title><cusip>01609W102</cusip><identifiers><isin value="US01609W1027"/><ticker value="BABA"/><other otherDesc="BP41ZD1" value="Sedol"/></identifiers><balance>23110</balance><units>NS</units><curCd>USD</curCd><valUSD>4901631</valUSD><pctVal>6.5715</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" 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desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>BR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>NetEase Inc</name><lei>N/A</lei><title>NetEase Inc (ADR)</title><cusip>64110W102</cusip><identifiers><isin value="US64110W1027"/><ticker value="NTES"/><other otherDesc="2606440" value="Sedol"/></identifiers><balance>3057</balance><units>NS</units><curCd>USD</curCd><valUSD>937399</valUSD><pctVal>1.2567</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>KY</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Petroleo Brasileiro SA</name><lei>5493000J801JZRCMFE49</lei><title>Petroleo Brasileiro SA (ADR)</title><cusip>71654V408</cusip><identifiers><isin value="US71654V4086"/><ticker value="PBR"/><other otherDesc="2616580" value="Sedol"/></identifiers><balance>107227</balance><units>NS</units><curCd>USD</curCd><valUSD>1709198</valUSD><pctVal>2.2915</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>BR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>X5 Retail Group NV</name><lei>213800J17UJJJDGUVF56</lei><title>X5 Retail Group NV (GDR)</title><cusip>98387E205</cusip><identifiers><isin value="US98387E2054"/><ticker value="FIVE"/><other otherDesc="B07T3T9" value="Sedol"/></identifiers><balance>23138</balance><units>NS</units><curCd>USD</curCd><valUSD>798261</valUSD><pctVal>1.0702</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>LUKOIL PJSC</name><lei>549300LCJ1UJXHYBWI24</lei><title>LUKOIL PJSC (ADR)</title><cusip>69343P105</cusip><identifiers><isin value="US69343P1057"/><ticker value="LKOD"/><other otherDesc="BYZDW27" value="Sedol"/></identifiers><balance>13373</balance><units>NS</units><curCd>USD</curCd><valUSD>1326334</valUSD><pctVal>1.7782</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>RU</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2020-02-14</ncom:dateSigned><ncom:nameOfApplicant>JESPER NERGAARD</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></nport:formData><nport:documents>XXXX</nport:documents></nport:edgarSubmission>
